INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings
  • Abu Dhabi, UAE – ADASI, the EDGE Group entity, a regional leader in autonomous systems and services, said on Thursday...

    Aimed at further advancing air operations, GARMOOSHA is an unmanned aircraft designed to carry payloads of 120kg with a range of 150km

    With a low-consumption fuel engine, its sensor capabilities make it a versatile system capable of solving some of the most difficult challenges

  • Alibaba is a key player in China's expansive digital economy and the operator of a major online shopping platform. The...

    The firm's stock dived 7.13 percent soon after the starting bell in Hong Kong, tracking a collapse in its New York-listed shares

    Washington has moved to bar the shipment to China of powerful chips, including those from California-based Nvidia

  • AI and data stakeholders will gather at Global Data Dialogue 2023 -- to be hosted in Dubai next week by...

    AI and data stakeholders will gather at Global Data Dialogue 2023 - to be hosted in Dubai next week by DataLEADS - to discuss AI's sector-wide transformative potential.

    Through engaging panel discussions, illuminating show-and-tell sessions, the summit endeavors to spark dialogues that will shape the trajectory of AI and and data science globally

  • DUBAI, UAE - EDGE, one of the world's leading advanced technology and defense groups, announced its first major order from...

    ADASI, an EDGE entity which designs and develops autonomous systems, will oversee the production and deliver the contract to the UAE Armed Forces.

    The REACH-S will provide the UAE Armed Forces with a cost-effective, 24-hour intelligence, surveillance and reconnaissance (ISR) capability.

  • Dubai, UAE - Dubai-based Emirates on Thursday announced an order for 15 long-haul Airbus A350-900s, bringing to 110 the number of...

    "The A350-900s will add to our fleet mix and we are pleased to announce additional orders for this aircraft type, said Emirates official

    "We plan to deploy our A350s to serve a range of new markets including long-haul missions of up to 15 hours flying time from Dubai," he added

  • This is due to the steady growth in its consumption volumes.

    Tabreed delivers strong growth, with revenue soaring 10 percent to US$490 million in January-September 2023.

    This is a 10 percent increase in revenue year-on-year, compared to US$460 million in January-September 2022.

  • Its shares rose over 6 percent on the Frankfurt Stock Exchange.

    The company, whose businesses range from making trains to automating production processes, earned a net profit of $8.62 billion in 2022-2023.

    Sales, at $84.6 billion, rose 11 percent on the previous year while for 2024, the group expects revenue to grow in a range of between 4 and 8 percent.

  • RIYADH, SAUDI ARABIA - Since its foundation, the Kingdom has been keen to build bridges of communication with all the...

    The convening of the summit will contribute to mutual support for various global nominations of the Kingdom and CARICOM, including Saudi Arabia's bid to host Expo 2030.

    It will enhance coordination on regional and international issues of common interest, boosting tourism cooperation, and highlighting Saudi Arabia's tourist attractions.

  • Abu Dhabi, UAE – EDGE, an advanced technology group specialising in precision engineering in the UAE’s aerospace, oil & gas,...

    The company will execute the procurement of raw materials, machining parts, and surface treatment processes

    EDGE manufactures high-quality complex engineering components for the defence, aerospace and oil & gas sectors

  • Its income for the first nine months of 2023 is US$816m.

    The company reported a net profit of $222.46 million for the nine-month period ended September 30, 2023

    The diversified investment company listed on the DFM said its total assets reached $5.71bn at the end of Q3 2023